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12 VOLUME 26, ISSUE 3 Fall 2017 8 8 Genetic Counselors in Biotech: Bringing the Clinic to Industry 11 1,000 Members Packs a Policy Punch 12 Meet Biocom’s 2017 Life Science LifeLines Catalyst Award Winners For the California Life Science Community VOLUME 26, ISSUE 3 Fall 2017 ONE TEAM. ONE FOCUS. www.sdlifesciences.com RECENT TRANSACTIONS LILLY TAKEDA METACRINE 300,000 SF Tenant Representation 164,000 SF Tenant Representation 20,000 SF Tenant Representation BIOLABS ARCTURUS THERAPEUTICS HERON THERAPEUTICS 16,000 SF Tenant Representation 10,000 SF Tenant Representation 28,200 SF Tenant Representation CLIENT TESTIMONIALS “They helped Takeda to “C&W Life Sciences was a great “They are the “go to” real understand the market, carefully partner for our company. Their estate team for the life science consider all viable alternatives, specialization in life sciences real industry. I trust them and highly and arrive at a custom solution estate enabled us to get great recommend them.” with exceptional economic and space with flexible terms for our Magda Marquet other lease terms.” corporate headquarters.” Ph.D. Co-Chairman & Founder David Weitz Joe Payne Althea Technologies Head of Takeda California and President & CEO Global Research Externalization Arcturus BRENT JACOBS [email protected] LEADING TENANT CA License No. 791657 GREG BISCONTI [email protected] ADVISORS FOR THE CA License No. 1167920 TED JACOBS LIFE SCIENCES [email protected] CA License No. 1855220 INDUSTRY (858) 452-6500 ONE TEAM. ONE FOCUS. www.sdlifesciences.com RECENT TRANSACTIONS WELCOME IN THIS ISSUE By Joe Panetta, President and CEO, Biocom 4 Cover Story: Strength in Numbers 8 Guest: Genetic Counselors in Biotech: Bringing the Clinic to Industry 11 Public Policy: 1,000 Members Packs a Policy Punch Greetings and welcome to our fall 2017 issue of LifeLines, whose theme is the 12 Featured Story: Meet the 2017 Life Science strength of our association as we reach the milestone of 1,000 members across the Catalyst Award Winners state of California. Much of this growth is attributable to retaining our valued members LILLY TAKEDA METACRINE 19 Guest: Understanding New Therapies and greatly increasing our membership, especially through state-wide expansion over 300,000 SF Tenant Representation 164,000 SF Tenant Representation 20,000 SF Tenant Representation through the Power of Education two years. Today, Biocom is seen as the premier life science advocacy organization 21 Biocom Bay Area: Exploring Life Science in California by any significant measure, including membership size, breadth of Opportunities in China programming, number of office locations and staff, savings for our members, and most 23 Biocom LA: The Future’s So Bright For Life importantly, our unequalled track record in accelerating the success of our life science Sciences in LA, We Have to Wear Shades community. As your president and CEO for more than 18 years now, I have been 25 Biocom Institute: 1,000-Times Stronger: Our Commitment to Workforce Development privileged to work with the most talented Board of Directors and employees to develop 26 What’s New on the Completely Revamped and pursue the strategies that have guided us to the position that we enjoy today. Biocom Website At the same time, I continually reflect on how we have stayed true to our roots and 27 Capital Development: The Keys to Success: maintained the pillars of the association that we established long ago—advocating for Relationship Building our industry, building networks, raising capital, providing key business services and 29 Biocom Purchasing Group: 1,000 Members building the professional workforce. Means Millions More in Savings In the beginning, Biocom was the face of a new industry in San Diego, with the promise BIOLABS ARCTURUS THERAPEUTICS HERON THERAPEUTICS 30 Guest: Get a Jump Start on Tax Reform of creating a new arm of the economy in the field of therapeutics and device development. 16,000 SF Tenant Representation 10,000 SF Tenant Representation 28,200 SF Tenant Representation 31 Biocom Institute: STEM In The Community - Our first members came together as a small group of company CEOs and service providers 10 Years in the Making looking to network together both to explore opportunities to create business partnerships, Events: It Takes More Than Home Runs to 32 and to work toward solving policy issues of common interest at the local level. These CEOs Succeed CLIENT TESTIMONIALS and service providers had come from Biocom’s predecessor organizations, the Biomedical 33 Members in Action Industry Council and the San Diego Biocommerce Association. This unique mix of business 38 Biocom Board of Directors executives laid the foundation for the Biocom that exists today, albeit larger in membership “They helped Takeda to “C&W Life Sciences was a great “They are the “go to” real 39 Biocom Committee Leadership and broader geographically. This unique structure continues to allow us to build the understand the market, carefully partner for our company. Their estate team for the life science 39 Committee Corner: CRO Committee consider all viable alternatives, specialization in life sciences real industry. I trust them and highly collaborative relationships for which we are known. 40 Biocom Premium Member Spotlights and arrive at a custom solution estate enabled us to get great recommend them.” When I came to the association, San Diego had just been chosen to host the BIO Biocom Membership with exceptional economic and space with flexible terms for our 42 Annual Convention of 2001. It was our opportunity to build a relationship with our Magda Marquet other lease terms.” corporate headquarters.” national organization while showcasing our strength in life science for the first time Ph.D. Co-Chairman & Founder David Weitz Joe Payne Althea Technologies to the world. After a successful BIO, our membership of about 300 companies and Head of Takeda California and President & CEO firms recognized that we needed to expand our advocacy efforts to Sacramento and Global Research Externalization Arcturus Washington, DC. This occurred concurrent with the expanding presence of larger EDITOR: Lauren Panetta pharma and medical device companies in San Diego. They immediately saw our numerous beneficial services as an important aspect of Biocom’s value proposition. BRENT JACOBS COPY EDITOR: Julie Ames And we expanded our team accordingly, bringing in the expertise needed to operate [email protected] DESIGN & LAYOUT: Lauren Panetta within those spheres. With the growth of jobs in our industry at the time, we also CA License No. 791657 LEADING TENANT responded to our members’ call for more certificate and degree programs in the biomedical sciences and in business. The goal was to create a larger employment pool, GREG BISCONTI VOLUME 26, ISSUE 3 [email protected] and hence we created the Biocom Institute, our professional affiliate. We realized the ADVISORS FOR THE CA License No. 1167920 WWW.BIOCOM.ORG TED JACOBS Continued Pg 2 LIFE SCIENCES [email protected] CA License No. 1855220 INDUSTRY (858) 452-6500 Biocom LifeLines Fall 2017 1 WELCOME CONT. importance of developing a “home-grown workforce” of employees within the community who would be trained and employed here. Very quickly, our membership ranks swelled. By the time of the 2008 recession, Biocom had a membership of 500 firms. We recognized that fueling the continued growth of our industry during challenging economic times required new initiatives. Consequently, we placed greater strategic focus on helping our members obtain the funding that they needed to do their research and development. This led us to create our capital formation initiative, first as an annual venture capital conference and later as our Global Partnering Conference. We also launched a series of venture and pharma partnering days. Another result of the recession was a contraction in large pharma and biotech staffing, which ultimately led us to create our CRO group, comprising a talented pool of individuals and firms that could provide expert consulting services to our companies here in California and throughout the world. And, we continued to grow. More recently, we have seen continued membership growth in each of our key clusters: in our long-time home base of San Diego (known for its innovative company creation), in our new hubs of Los Angeles and the San Francisco Bay Area, and overseas in Japan, where we established an office in Tokyo just last year. With close to 1,000 members, our greatest strength today is our ability to bring experienced best practices to cluster- building, and to connect those clusters here and around the globe. But I would like our members to know that Biocom is still an association that is owned by its members. Our success is due to the loyal financial support and engagement of our members. Our vision is and always has been, to be best-in-class for our members, providing unparalleled advocacy and business services. As you read through this issue of LifeLines, I know you’ll appreciate why Biocom at 1,000 members strong has a firm foundation beneath its feet that will provide solid direction for growth of our industry today and long into the future. Now you can follow us on social media for the latest life science news in LA, San Francisco, and San Diego! Biocom: @biocomCA LA: @biocominLA SF: @biocominSF 2 Biocom LifeLines Fall 2017 COVER STORY By Kelly Quigley, Canale Communications Strength in Numbers Why 1,000 Biocom members really matters for the success of our industry, and for every individual and company who is part of our fabric. Biocom will hit a major landmark before the end of 2017. It’s the ground working to influence legislation, advocate favorable a milestone that few would have predicted more than 22 years policies, negotiate competitive purchasing programs and foster ago, when our association was just beginning to affect momentous new business opportunities for its members.
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